Bond Japan Municipal Finance Organization 0.675% ( JP351265MH77 ) in JPY

Issuer	Japan Municipal Finance Organization
Market price	100 % ⇌
Country	Japan
ISIN code	JP351265MH77 ( in JPY )
Interest rate	0.675% per year ( payment 1 time a year)
Maturity	26/02/2038
Prospectus brochure in PDF format is unavailable at this time We will provide it as soon as possible
Minimal amount	10 000 000 JPY
Total amount	3 000 000 000 JPY
Next Coupon	26/02/2027 ( In 202 days )
Detailed description	The Japan Finance Organisation for Municipalities (JFM) is a government-related financial institution that provides loans and other financial services to local governments in Japan for public works projects and other municipal initiatives. Japan Finance Organization for Municipalities (JFM) Issues Long-Term JPY-Denominated Bond The financial markets are closely observing a newly detailed fixed-income instrument, identified by its ISIN code JP351265MH77, issued by the Japan Finance Organization for Municipalities (JFM). This entity, a cornerstone of Japan's public finance architecture, is a government-backed financial institution established under Japanese law to provide stable and low-cost financing to local governments across the nation. Its primary mission is to ensure the smooth and efficient operation of municipal services by facilitating access to capital for prefectural and municipal governments, thereby playing a critical role in supporting local public administration and infrastructure development. JFM's close ties to the Japanese government and its public mission typically position its debt instruments as highly creditworthy, often viewed as quasi-sovereign in nature and carrying an implicit government guarantee, similar to bonds issued directly by the Japanese government. This particular bond, issued in Japan, currently trades at 100% of its face value on the market, indicating it is trading at par. Denominated in Japanese Yen (JPY), it carries a fixed annual interest rate (coupon) of 0.675%. This rate is reflective of the prevailing low-interest-rate environment characteristic of the Japanese economy. The total size of this bond issuance is substantial, amounting to JPY 3,000,000,000 (3 billion Japanese Yen), offering a significant volume for institutional and sophisticated investors. Prospective buyers should note the minimum purchase size, set at JPY 10,000,000 (10 million Japanese Yen), which generally targets larger investment portfolios. The bond features a long-term maturity profile, set to expire on February 26, 2038, providing investors with exposure to the Japanese yield curve for approximately fifteen years. Interest payments are scheduled annually, with a frequency of 1 payment per year, offering a predictable income stream over the bond's duration. This issuance underscores JFM's continuous role in capital market funding for Japan's local governmental bodies, providing a stable, long-dated investment opportunity in the highly liquid JPY bond market.